For Sale By Auction | 19:00, 03 June 2015 | Lot 23

NCBA, Reiver House, Staithes Lane, Morpeth, Northumberland, NE61 1TD

Sold £195,000

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Wed 03/06/2015

Auction Time

19:00

Auction Venue

Ramside Hall Hotel, Carrville, Durham, DH1 1TD

Viewing Times:

Wed 27 May

15:00-15:30

Modern ground floor office building

Modern office accommodation located close to Morpeth Town centre, near Morrisons Supermarket in a mixed use area. The accommodation is all on the ground floor and is available with vacant possession OR with the benefit of a new lease agreement between the purchase and the current occupiers. 3 year FRI lease at 20k per annum.

Tenure

See Legal Pack

Lobby leading to

entrance hall

Reception Area

22'3 x 16'9

Main Office

52'3 x 13'

Two other offices

8'10 x 8' 9' x 8'1

Meeting Room

22'7 x 20'6

Equipment Room

18'1 x 17'2

Kitchen

16'6 x 16'4

Other Rooms

Recording studio, Cleaning cupboard, stationary/boiler room, disabled WC, Male WC and female WC. Outside Parking for up to 18 cars and garden.

Please note:

The property is currently occupied by Northumberland Blind Association and the building is available with the benefit of vacant possession should the purchaser require or subject to a formal Lease being created between the purchaser and Northumberland Blind Association with an estimated rental income of £20,000 per annum gross on a 3 year FRI agreement.

Viewing By Appointment Only

To view please call 0191 908 9691

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Northumberland County Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.